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Technology Stocks : Nam Tai Elec. (NTAI)

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To: DanD who wrote (1504)10/1/1998 3:51:00 PM
From: Norman H. Hostetler  Read Replies (2) of 1696
 
It'll be a miracle if Nam Tai, trading around 10 now, and expecting more bad news in revenues and profits this year, makes it to 25 anytime in the next two years. The current value of the warrants reflects the pessimism of the market about their even being in the money by then. I've kept mine because they're hardly worth selling, but I've mentally written them off as a year 2000 tax loss. Of course, I'm frequently wrong as a prognosticator of the market, but the odds of any stock increasing 2 1/2 times in 2 years is pretty low.

--Norm
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